Question: A firm is considering a project with an initial cost of $ 1 8 5 , 0 0 0 . The project will produce cash

A firm is considering a project with an initial cost of $185,000. The project will produce cash inflows of $21,000 monthly for 21 months. What is the annual rate of return on this project?
Multiple Choice
9.74%
175.308
116.87%
97.39%
17.53%
A firm is considering a project with an initial cost of

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